Lenovo’s Motorola Deal: Let’s Look at the Positives

Now, some analysts are starting to talk about the positives too, even though the CEO’s comments made Thursday did little to boost the Chinese personal-computer maker’s declining share price.

Since Lenovo announced the deal to buy Motorola in late January, the company’s stock has lost more than $3 billion in market value. On Friday, Lenovo shares were down 0.4% at HK$8.60, underperforming the broader Hang Seng index. The Motorola acquisition was shocking in part because it came just a week after Lenovo announced a $2.3 billion deal to buy International Business Machines’ low-end server business. Many analysts said Lenovo was biting off more than it could chew.